On CNBC’s “Halftime Report Final Trades,” Bryn Talkington, handling partner of Essential Capital Management, called Freeport-McMoRan Inc. (NYSE: FCX) as her last trade.
Freeport-McMoRan relocated to reset expectations for its flagship Grasberg mine after finishing its examination into September’s mud-flow event, providing lower-than-expected multi-year production assistance while indicating that the worst of the functional overhang is alleviating.
Scotiabank expert Orest Wowkodaw updated Freeport-McMoRan to Sector Outperform from Sector Perform after the business provided upgraded production and capex assistance for its Indonesian Grasberg mine.
Stephanie Link, primary financial investment strategist, head of financial investment options and portfolio supervisor at Hightower Advisors, chose Teradyne, Inc. (NASDAQ: TER)
Providing assistance to her option, Citigroup expert Atif Malik, on Nov. 12, kept Teradyne with a Buy and raised the rate target from $117 to $215.
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Jim Lebenthal, partner at Cerity Partners, chose Cisco Systems, Inc (NASDAQ: CSCO) as his last trade.
On the incomes front, Cisco, on Nov. 12, reported positive monetary outcomes for the very first quarter of financial 2026 and raised its financial 2026 assistance. Cisco published financial first-quarter income of $14.88 billion, beating expert price quotes of $14.77 billion. The networking devices maker reported first-quarter adjusted incomes of $1.00 per share, beating expert price quotes of 98 cents per share, according to Benzinga Pro.
Joseph M. Terranova, senior handling director for Virtus Financial investment Partners, stated McKesson Corporation (NYSE: MCK) struck a brand-new 52-week high up on Wednesday.
Supporting his view, McKesson, on Nov. 5, published better-than-expected incomes for the 2nd quarter and raised its FY2026 incomes assistance.
Rate Action:
- Freeport-McMoRan shares got 3.1% to close at $41.25 on Wednesday.
- Cisco increased 1.3% to close at $78.39 throughout the session.
- Teradyne shares increased 2.8% to settle at $168.23 on Wednesday.
- McKesson shares fell 1% to settle at $852.47.
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